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AOL Ventures is a private equity general partner firm.
PE-backed Sailthru, a customer retention cloud for retail and media companies, acquired Carnival.io, a mobile marketing automation platform.
Xaxis, a media and technology platform, has acquired ActionX, a VC-backed provider of a mobile app and cross-screen advertising solution.
E-commerce platform Spree Commerce has raised $5m from Thrive Capital, Vegas Tech Fund, Red Swan, True Ventures and AOL Ventures.
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A sampling of AOL Ventures portfolio companies:
View all of the investments in their portfolio
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